r/wallstreetbets 🦍🦍🦍 Aug 17 '24

Gain How my Doing πŸš€πŸ˜ŽπŸŒ΄

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4.2k

u/jonathansj Aug 17 '24

Wow looking thru his profile history, he’s been really consistent with ASTS for almost a year now and sticking with it. Congrats on many levels. Well played!

112

u/Relative_Mouse7680 Aug 17 '24

What's ASTS?

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u/Alfa147x Aug 17 '24

AST SpaceMobile, Inc. (NASDAQ: ASTS) is developing a satellite-based cellular broadband network to provide direct connectivity to smartphones, aiming to eliminate global coverage gaps. The company recently received an initial FCC license for U.S. operations and is preparing to launch its first commercial satellites, BlueBirds, from Cape Canaveral. AST SpaceMobile's stock has experienced significant fluctuations, with a 52-week range of $1.97 to $23.04 and a market cap of approximately $5.63 billion. While the company has not yet detailed earnings projections, it anticipates revenue generation once its satellite network becomes operational.

217

u/Heliosvector Aug 17 '24

I read about this company in may when it was like 2 dollars and everything was doom and gloom from this sub about it. Last time I smell WSB's ass for guidance.

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u/[deleted] Aug 17 '24

[deleted]

3

u/inittoloseitagain Aug 17 '24

Did you?

3

u/[deleted] Aug 17 '24

[deleted]

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u/paragonx29 Aug 18 '24 edited Aug 18 '24

I've got a 14 ACB on my 1100 shares of ASTS. Would you still be buying at $31?

35

u/NaorobeFranz Aug 17 '24 edited Sep 19 '24

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22

u/Ok-Mark417 Aug 17 '24

Have a good thesis > WSB shits on it > Buy more > profit

2

u/Otherwise-Speed4373 Aug 18 '24

Did that for cava restaurants. Everyone said theyre garbo because they're not in their neighborhood (when their model right now is to add more restaurants). Idiots. (Long cava with about 1k shares)

3

u/redmongrel Aug 17 '24

The fact that you get banned for mentioning any symbol that isn’t already in the billions should be an indicator.

7

u/Heliosvector Aug 18 '24

You don't you just can't be pumping a stock with a low market cap otherwise this sub gets targeted to be shut down by the SEC for being a breeding ground for pump and dumps

1

u/lewdacris916 Aug 19 '24

Meanwhile Nancy Pelosi made 10 million last month from illegal insider trading and SEC does absolutely nothing.........

1

u/Heliosvector Aug 19 '24

Her husband does the trades. And don't worry. They are all making it illegal.... In 2027 when they are all out of office

1

u/[deleted] Aug 18 '24

[deleted]

1

u/Heliosvector Aug 18 '24

Honestly you probably wouldn't have unless you say ended up putting hundreds of thousands Right before a major event. Even then, the SEC has shown that they are happy just giving people fines that are completely eclipsed by the profits made.